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  • Philippine groups Ayala, Yuchengco to merge education units

    MANILA -- Philippine conglomerate Ayala Corp.'s education unit and a listed school holding company ultimately controlled by the Yuchengco Group have launched talks for a merger, the companies said on Monday.Ayala unit AC Education and Yuchengco's iP

    January 8, 2018 06:44 pm JST
  • Consumer services stand out in December in Asia PMI

    TOKYO -- The Nikkei Asia Sector Purchasing Managers' Index for December saw output growth in 15 of the 19 sectors monitored, the same number with the previous month.Consumer services (55.0) led the expansion, followed by automobiles and auto parts (

    January 8, 2018 09:30 am JST
  • Nikkei Asia300 Index rises tracking global equity rally

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Friday as global equities extended their strong start to the year, fueled by upbeat economic data.The Nikkei Asia300 Index rose 0.6% to 1,460.07 on Friday, taking its advance this week to 3.2%.

    January 5, 2018 08:43 pm JST
  • New car sales in SE Asia climb 5% in November, up for 2nd month

    BANGKOK -- New-car sales in six major Southeast Asian markets rose 5% on the year in November last year, with Indonesia, the biggest market, holding the key to getting the region's market back onto a strong recovery track.Total unit sales in that mo

    January 5, 2018 08:20 pm JST
  • Nikkei Asia300 Index extends gains as refiners rally on rising crude

    MUMBAI (NewsRise) -- Asian stocks outside of Japan extended their gains on Thursday, as refiners rallied after crude oil prices rose to a more-than-two-year high. Upbeat U.S. manufacturing and construction data also buoyed market participants.The Ni

    January 4, 2018 08:39 pm JST
  • Asia seen leading global wage growth in 2018

    TOKYO -- Asian workers are expected to enjoy the highest real wage growth in the world in 2018, thanks to solid growth and changes in the region's economic structure, while their counterparts in Japan and the Western advanced economies will see wage

    January 4, 2018 09:50 am JST
  • Nikkei Asia300 Index extends gains as tech stocks advance

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Wednesday, extending their strong start to the year, after a record close for the S&P 500 Index and Nasdaq Composite.The Nikkei Asia300 Index advanced 1% to 1,442.41, adding to Tuesday's simila

    January 3, 2018 08:40 pm JST
  • Southeast Asian medical services providers eye China market

    SINGAPORE -- Southeast Asian medical services providers are turning their sights toward China, with the aim of attracting the growing medical demands of wealthy Chinese as the population ages and more foreign companies expand their businesses in the

    January 3, 2018 06:00 pm JST
  • ASEAN manufacturing PMI slips to 49.9 in December

    TOKYO -- The Nikkei ASEAN Manufacturing Purchasing Managers' Index, or PMI, slipped to 49.9 in December from 50.8 in November.A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction."The ASEAN manufacturin

    January 3, 2018 09:30 am JST
  • Philippines manufacturing PMI remains solid in December

    TOKYO -- The Nikkei Philippines Manufacturing Purchasing Managers' Index, or PMI, fell marginally to 54.2 in December from 54.8 in November.A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction. The late

    January 2, 2018 09:30 am JST
  • 9 Asian business newsmakers to watch in 2018

    Asian companies have had an impressive run in recent years, raising their profiles in the global marketplace. Now that 2018 -- the year of the dog -- is upon us, can they maintain their momentum as new technologies like artificial intelligence and e

    January 1, 2018 06:21 pm JST
  • Thitinan Pongsudhirak

    Authoritarianism is accelerating in Southeast Asia

    The year 2018 will mark the start of a period in which outright authoritarianism and illiberal quasi-democracy are likely to be Southeast Asia's prevailing norms. With few exceptions, liberal values and fundamental freedoms and rights will be manipu

    January 1, 2018 07:00 am JST
  • Politics will again steal the Asian limelight in 2018

    MANILA/TOKYO -- Last year in Asia was as politically charged as any in recent memory. From North Korean provocations threatening full-scale war and Myanmar's Rohingya crisis displacing hundreds of thousands of its Muslim minority, to China's twice-a

    December 31, 2017 08:20 pm JST
  • Philippine antitrust watchdog, conglomerates on collision course

    MANILA -- When President Rodrigo Duterte invited China's Premier Li Keqiang in November to invest in the Philippine telecom sector, many onlookers -- including presidential spokesperson Harry Roque -- saw it as part of Duterte's efforts to deepen bi

    December 30, 2017 02:57 pm JST
  • Commodities, tech led Asia's first equity bull run in five years

    TOKYO -- For the first time in five years, all key equity markets in Asia enjoyed a bull run in 2017 and market participants expect gains to be extended in 2018."Strong market fundamentals supported by steady recovery of the world economy helped us

    December 29, 2017 08:58 pm JST
  • Nikkei Asia300 Index rises 37% in 2017 as global economic growth picks up

    MUMBAI (NewsRise) -- The Nikkei Asia300 Index rose 37% this year as pickup in global growth, U.S. tax reforms, and continued monetary policy support from major central banks prompted a surge in risk assets. Technology companies in China and South Ko

    December 29, 2017 08:03 pm JST
  • Nikkei Asia300 Index gains as technology stocks recover

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Thursday, as technology companies recovered from losses triggered by concerns over demand for Apple's iPhone.The Nikkei Asia300 Index advanced 0.8% to 1,407.51. Index heavyweight Samsung Electr

    December 28, 2017 09:11 pm JST
  • Asia in pictures 2017

    A year of missiles, murder, mourning and Trump

    TOKYO -- Having witnessed the assassination of Kim Jong Nam, the Rohingya refugee crisis and high profile scandals at some of the world's largest companies, it has been a tumultuous year for Asia. Here is a look back at the most striking images of 2

    December 28, 2017 07:45 pm JST
  • Upstart Hong Kong insurer FWD seeks a 'pan-Asian' reach

    HONG KONG Insurance company FWD Group has made impressive inroads across Asia in just half a decade, pairing an aggressive acquisition strategy with a technology-focused approach aimed at tapping the region's young and growing middle class.Hong Kong

    December 28, 2017 10:00 am JST
  • Nikkei Asia300 Index gains as energy stocks rally

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced Wednesday, led by energy companies as U.S. crude oil prices rallied to their highest level since June 2015.The Nikkei Asia300 Index rose 0.2% to 1,396.72. H-shares of CNOOC added 1.8%, Petr

    December 27, 2017 08:21 pm JST